Soleus and Celcuity: A Little Money, A Lot of Hope

Soleus Capital, they bought a lot of Celcuity shares. 629,398 of them, to be exact. Filed with the SEC, naturally. It’s all very official. And, like most things involving money, a little sad. So it goes.

They now hold over 1.8 million shares. That’s $180.36 million worth of hope, or risk, depending on how you look at it. 6.7% of Soleus’s whole pile of money is now tied up in this one company. A significant commitment. Or a foolish one. Time will tell, won’t it?

Here’s what Soleus likes, apparently. Their top holdings, as of late last year:

  • NYSEMKT: XBI: $354.6 million
  • NASDAQ:KRYS: $232.0 million
  • NASDAQ: CELC: $180.4 million
  • NASDAQ:NVCR: $110.3 million
  • NASDAQ:PRAX: $107.0 million

A Brief Look at Celcuity

Metric Value
Price (February 11, 2026) $104.23
Market capitalization $4.85 billion
Net income (TTM) ($162.7 million)

Celcuity, you see, is trying to figure out cancer. A noble pursuit, if you don’t think about it too hard. They make diagnostics and therapies. The CELsignia platform. Sounds impressive, doesn’t it? They’re aiming for breast and ovarian cancer, which is good. People don’t like those cancers. They’re focusing on molecularly targeted therapies. A lot of jargon. It all boils down to hope, really.

They don’t make any money yet. They’re still in the clinical stage. They’re hoping for approvals. Hoping for revenue. Hoping for profitability. It’s a common story. Most of them don’t make it. So it goes.

What This Means, If Anything

Soleus buying all those shares? It’s a signal. A bullish signal, they call it. Like a flag waving in a hurricane. They owned 1.2 million shares back in September. Now it’s over 1.8 million. It went from being the ninth-largest holding to the third. That’s a jump. A little bit of faith in a world that rarely deserves it.

The stock price has been doing well. 745% increase over the last year. Remarkable, really. The S&P 500? 14.4%. NASDAQ? 15.7%. Celcuity is an outlier. A little spark in the darkness. Of course, it’s also built on air. And hope. And a lot of other people’s money.

It’s important to remember: Celcuity doesn’t make any money. Not yet. It’s a promise. A gamble. Investing in it is believing in the possibility of a future that may never arrive. And isn’t that what we all do, in the end? So it goes.

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2026-02-13 15:43